## [Spain: approval of pension revaluation for 2022](/en_GB/new/spain-approval-pension-revaluation-2022) # Spain: approval of pension revaluation for 2022 Spain - 01 / 26 / 2022 Spain Labor and Employment Alert - - [](https://www.linkedin.com/sharing/share-offsite/?url=https://www.garrigues.com/en_GB/new/spain-approval-pension-revaluation-2022) - []() - []() Previous Next **Taking effect from January 1 this year, a 2.5% increase for contributory pensions and a 3% increase for noncontributory pensions.** On January 26, 2022, the Official State Gazette (BOE) published [ Royal Decree 65/2022 of January ](https://www.boe.es/boe/dias/2022/01/26/pdfs/BOE-A-2022-1189.pdf) [25, 2022, on the review of social security pensions, of ](https://www.boe.es/boe/dias/2022/01/26/pdfs/BOE-A-2022-1189.pdf) [“Public Class” public sector pensions and other state welfare benefits for ](https://www.boe.es/boe/dias/2022/01/26/pdfs/BOE-A-2022-1189.pdf)[fiscal year 2022.](https://www.boe.es/boe/dias/2022/01/26/pdfs/BOE-A-2022-1189.pdf) This royal decree increases permanent incapacity, retirement, widow’s, orphan’s social security contributory pensions and pensions for family members, where entitlement to them arose before January 1, 2022. All these benefits will be increased by 2.5 %. This rise is equal to the average year-on-year variation in the Consumer Price Index for the months between December 2020 and November 2021. The amount to be reviewed is capped at €2,819.18 per month. Which means that pensions over and above this amount will not be increased. That cap on the monthly amount will be adapted where the pension recipient is entitled to receive fewer or more than 14 payments a year, including nonregular payments in each case, with the result that to qualify the amount received over the year may be equal to or lower than €39,468,52. For noncontributory incapacity and retirement pensions, the increase is 3% of the amount determined for 2021, and has been set at €5,899.60 per year. The royal decree comes into force the day after the date of its publication in the Official State Gazette, and its economic effects are valid from January 1, 2022. [Labor and Employment Law](/en_GB/tags/labor-and-employment-law), [Spain](/en_GB/tags/spain) ### Contact ![Foto del socio](/sites/default/files/styles/medium/public/team/photo/rosa_zarza_jimeno_en_20260421.jpg?itok=0QlHE48p) [Rosa Zarza](/en_GB/team/rosa-zarza-jimeno) ![](/themes/custom/garriguestheme/img/iconos/email-contacto.svg)[Contact]() - +34 91 514 52 00 [Madrid](https://www.garrigues.com/en_GB/office/madrid) [Find more professionals](../team) ### Related services - [Labor and Employment ](/en_GB/services/labor-and-employment) - ## Find a publication - [Administrative and Constitutional Law](/en_GB/markdownify/node/9940?f%5B0%5D=service%3A1422) - [Agribusiness and Food](/en_GB/markdownify/node/9940?f%5B0%5D=service%3A1417) - [Automotive](/en_GB/markdownify/node/9940?f%5B0%5D=service%3A1419) - [Banking and Finance](/en_GB/markdownify/node/9940?f%5B0%5D=service%3A1443) - [Corporate and M&A](/en_GB/markdownify/node/9940?f%5B0%5D=service%3A1441) - [Corporate Governance and Sustainable Development](/en_GB/markdownify/node/9940?f%5B0%5D=service%3A12823) - [Criminal Law and Internal Investigations](/en_GB/markdownify/node/9940?f%5B0%5D=service%3A1434) - [Data Economy, Privacy and Cybersecurity](/en_GB/markdownify/node/9940?f%5B0%5D=service%3A10913) - [Dispute Resolution: Litigation and Arbitration](/en_GB/markdownify/node/9940?f%5B0%5D=service%3A1412) - [Energy](/en_GB/markdownify/node/9940?f%5B0%5D=service%3A10916) - [EU and Antitrust Law](/en_GB/markdownify/node/9940?f%5B0%5D=service%3A1416) - [Family Business](/en_GB/markdownify/node/9940?f%5B0%5D=service%3A1413) - [Fashion Law](/en_GB/markdownify/node/9940?f%5B0%5D=service%3A1435) - [Financial Regulation](/en_GB/markdownify/node/9940?f%5B0%5D=service%3A10915) - [G-advisory](/en_GB/markdownify/node/9940?f%5B0%5D=service%3A12821) - [Human Capital Services](/en_GB/markdownify/node/9940?f%5B0%5D=service%3A1431) - [Infrastructure](/en_GB/markdownify/node/9940?f%5B0%5D=service%3A10914) - [Insurance](/en_GB/markdownify/node/9940?f%5B0%5D=service%3A1438) - [Intellectual Property](/en_GB/markdownify/node/9940?f%5B0%5D=service%3A1421) - [Labor and Employment](/en_GB/markdownify/node/9940?f%5B0%5D=service%3A1424) - [Life Sciences and Healthcare](/en_GB/markdownify/node/9940?f%5B0%5D=service%3A1429) - [Media and Entertainment](/en_GB/markdownify/node/9940?f%5B0%5D=service%3A1433) - [Planning, Zoning and Environment](/en_GB/markdownify/node/9940?f%5B0%5D=service%3A1444) - [Private Equity](/en_GB/markdownify/node/9940?f%5B0%5D=service%3A1439) - [Real Estate](/en_GB/markdownify/node/9940?f%5B0%5D=service%3A10927) - [Restructuring and Insolvency](/en_GB/markdownify/node/9940?f%5B0%5D=service%3A1420) - [Securities Markets](/en_GB/markdownify/node/9940?f%5B0%5D=service%3A1442) - [Sports](/en_GB/markdownify/node/9940?f%5B0%5D=service%3A1430) - [Startups & Open innovation](/en_GB/markdownify/node/9940?f%5B0%5D=service%3A1426) - [Sustainability](/en_GB/markdownify/node/9940?f%5B0%5D=service%3A10921) - [Tax](/en_GB/markdownify/node/9940?f%5B0%5D=service%3A1425) - [Technology, Communications and Digital](/en_GB/markdownify/node/9940?f%5B0%5D=service%3A1436) - [Tourism and Hotels](/en_GB/markdownify/node/9940?f%5B0%5D=service%3A1432) - [Transport, Logistics and Shipping](/en_GB/markdownify/node/9940?f%5B0%5D=service%3A1428) Facet Services detail - [Publications](/en_GB/markdownify/node/9940?f%5B0%5D=publication_type%3A794) - [Newsletters](/en_GB/markdownify/node/9940?f%5B0%5D=publication_type%3A107) - [Garrigues collection](/en_GB/markdownify/node/9940?f%5B0%5D=publication_type%3A101) - [Laws: amendments at a glance](/en_GB/markdownify/node/9940?f%5B0%5D=publication_type%3A104) - [News](/en_GB/markdownify/node/9940?f%5B0%5D=publication_type%3A105) Facet Publication type detail Min Max ## News search engine